The proposal aims to reduce the burden on the adjudicating authority and expedite insolvency admissions

The spending focus will be on new businesses like green hydrogen, clean energy, aviation, semiconductors, EVs and data centers

Indian online food delivery company’s board approves raising up to 8,500 crore rupees through the issuance of shares

Indian media and entertainment company’s board approves higher targets to evaluate the performance of Punit Goenka

Moody's expects the lender’s core profitability to increase, driven by improvement in its depositor base and lending franchise

NCLT orders restoration of insolvency petition filed by Elixir Met Form against Shapoorji Pallonji after the failure of settlement agreement

The amendments aim to provide further boost to institutional arbitration, reduce court intervention and ensure timely conclusion of proceedings

Existing Raymond shareholders will get the shares in the new listed real estate company in a ratio of 1:1

Adani Power receives a letter of intent from the resolution professional of Vidarbha Industries, a subsidiary of Reliance Power

The insolvency regulator seeks public comments on its proposed measures by 27 August

Indian IT services company will acquire up to a 54% stake in Cigniti for 1,415 rupees per share

The development comes as Bandhan Bank’s current MD & CEO Chandra Shekhar Ghosh is set to retire on 9 July

NCLT orders liquidation of bankrupt carrier, which operated ultra-low-cost airline Go First, and appoints Dinkar Venkatasubramanian as the liquidator

Tatavarti will step down from her position with effect from close of business hours on 16 August to pursue opportunities outside the company

Lele succeeds Sandeep Sangwan, who transitions to the role of Global CMO at Castrol

The insolvency regulator seeks public comments on its discussion paper by 27 November to make necessary amendments in the regulations

The reappointment, effective from 1 January 2025, is subject to approval of shareholders

NCLT admits operational creditor Reward Business Solutions’ insolvency petition against Sporta Technologies